All Posts Tagged With: "Alibaba"
February 20th, 2017 - By Gary James
Alibaba Group Holding will team up with one of the largest chains of department stores and supermarkets, Bailian Group, as founder Jack Ma speeds up his effort to use technology to shake up the retail industry. Alibaba plans to help upgrade some of the 4,700 stores owned by Bailian across China, integrating things from payment […]
November 2nd, 2016 - By Gary James
Amidst concerns over the growth slowdown in the Chinese economy, the largest e-commerce company in the country showed that at least now business on its many platforms has held steady. On Wednesday, the Alibaba Group announced that revenue for the three-month period through September 30 had grown strongly, as the many brands and small vendors […]
May 27th, 2016 - By Gary James
Alibaba Group Holding, which disclosed it was being investigated for the accounting practices it uses, has emerged a favorite target of the stock market’s short-selling community in the short time it has been public. Short-sellers of note, such as Jim Chanos and John Hempton have raised red flags about the accounting practices at the e-commerce […]